Courtesy of Better Homes & Gardens Real Estate SJ Fowler
Property Description
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
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Property Details and Features
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Appliances & Equipment
- “Free-Standing Range”
- “Dishwasher”
- “Refrigerator”
- “See Remarks”
- “Microwave”
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Building
- Built in 1958
- Construction materials: “Wood Frame”, “Painted”, “Stucco”, “Block”
- 9 total units
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Cooling
- “See Remarks”
- “Electric”
- “Heat Pump”
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Exterior Features
- “Sidewalk(s)”
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Floors
- “Laminate”
- “Ceramic Tile”
- “Vinyl”
- “Wood”
- “Concrete”
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Heating
- “Heat Pump”
- “Electric”
- “Natural Gas”
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Listing
- Listing ID: 6993194
- Standard status: Active
- 58 days on market
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Location
- Subdivision name: CAMELBACK GARDENS
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Parking
- “Off Street”
- “Paved”
- “Free”
- “Assigned”
- “>1 Space Per Unit”
- 14 total parkings
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Property
- Zoning: R3
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Roof
- “Composition”
- “Rolled/Hot Mop”
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Schools
- High school: Central High School
- High school district: Phoenix Union High School District
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Sewer
- “See Remarks”
- “Sewer-In & Connected”
- “Public Sewer”
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Taxes
- Annual amount: $6,272
- Lot: 4
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Utilities
- “SRP”
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.